Pages

Saturday, August 10, 2013

Monthly update: July 2013

It's been a busy month! Earlier I've written about my start as a Dividend Growth Investor. Since the start of the month I initiated 7 new positions. The last two additions (BBL/DE) are a little riskier than other stocks, so I want to purchase my next two block of shares in low-risk companies like KO, MCD, PG or something similar.

Purchases
In total I deposited $10.600 in capital which roughly equates to €8.150. It's a bit less than I anticipated but this was because I was on vacation for the last part of the month. I expect to initiate two new positions in the next month.

17 XOM @ $91.02

20 WMT @ $75.23

17 PM @ $87.85

63 INTC @ $23.96

43 TGH @ $34.46

28 BBL @ $54.88

18 DE @ $84.52

Dividends received

None

Dividend increases

TGH raised it's quarterly dividend from $0.46 to $0.47 per share, resulting in the company’s fourteenth consecutive quarterly increase. This added almost $2 per year to my annual forward rate.

Portfolio value

Though it's not a pre-defined goal to archieve a certain amount of networth, I'd like to monitor this progress as well. The value of my portfolio is €8.400 (as of August 10).

Yearly forward dividend

My 12-month forward dividend rate is now €300. This is an increase of €280 to last month. This is obviously because of the influx of capital, I don't expect these gains on a frequent basis to occur (or to occur at all!).